Sirjendon:


Where can you suggest.

Any other country but not within West Africa

Henix:
U want to buy Keke and give out to someone to drive for u on hire purchase, or u want to take up Keke and drive on hire purchase by urself?

me self no understand the question and no one is asking them just dey call big monthly return

Naija147:
Look for money and relocate you and your family out of Nigeria.

To where? Is it that easy to relocate out of Nigeria? For just 1 person to relocate, it takes millions of naira, not to talk of a whole family. Your advice is not practicable.

PrettyBoyBreezy:
One business i was told to run away from, or someone will probably run away with my keke

Abi u wan drive am yourself?

Such True. If You are not riding yourself giving out is hypertensive.

Naija147:
Look for money and relocate you and your family out of Nigeria.

If he has such money, he won't even come here at first... Or do u think it's 1m that will relocate him and his family.

Unless you want him to go to Togo or Ghana

Kelvin125:
I am a civil servant on grade level eight. I have been in service for seven years but I do not find if easy financially.

I am planning on getting a keke napepe on a hire purchase to supplement my income as the salary I get at the end of the month is not enough to carry the family. But my question is does it worth it getting keke on a hire purchase.

Knowing fully that I will be making a weekly return. Please those that are knowledgeable in this type of business, should I go into it.

check if your salary can get you up 300k loan from a bank, get the loan and buy a fairly used keke.

When the keke is yours, you can hustle as you like with it as you won't be suffering to pay your weekly returns to anyone. It will also help you repay the loan easily.

It is better you join cooperative in your office sir and get loan from the cooperative to buy your keke.

Hire purchase does not come with rest of mind, especially with the irregular transaportation policies in Lagos State.

Cooperative loan usually come with low single digit interest rate.

You can discuss with your colleagues in the cooperative when the times are difficult, provided you are known to be non-defaulter. But Hire Purchase transaction usually comes with hot money. The owners of the funds are usually impatient with the hire purchase buyer

Naija147:


Any other country but not within West Africa

That will be north Africa then or do you have any one you can recommend

Sirjendon:


That will be north Africa then or do you have any one you can recommend

Central Africa good, South Africa is okay that’s if you cannot relocate to Europe or America.

Canada sweet too

I know of a place in Lekki.

bukitt:


Do you know where I can get a car loan with collateral?

Nigerians are just under pressure.

There is a civil servant I know for the past 13years he has been working, and his salary is still under N80,000 a month.

I shouted the other day when he told me.

Nah so I receive foreign job offer and I am seeing $45 per hour. I calculated it and asked myself why I didn't leave this country years ago.

saxietohgbaskie:
I know of a place in Lekki.

May I please have your phone number?

saxietohgbaskie:
Anything transportation is hot cake. Especially in Lagos. I own over 3 keke. Though started out with 1 along Badore-Ado rd. I gave it out on hire purchase. Fast forward 5 months I got 2 more, but wen the threat about keke ban came I sold them out to get a car for bolt.


My Advice :: if you’re in Lagos don’t try that keke ooo. Why not lookout for a car loan or hire purchase that one is still way much better. You can still rake in 50-70k weekly (talking from experience) keke lifespan is a no no. Under 1year it’s gone.

You make 50k weekly on bolt? How una dey take do am? You don't buy fuel? Your car doesn't need repairs?

Oga, for the sake of relative peace of mind, you better loan from co-operative and buy new Keke for yourself, then repay back the loan on regular basis, monthly or weekly. You can't meet up with higher purchase balancing with part time Keke hustling.

Kelvin125:
I am a civil servant on grade level eight. I have been in service for seven years but I do not find if easy financially.

I am planning on getting a keke napepe on a hire purchase to supplement my income as the salary I get at the end of the month is not enough to carry the family. But my question is does it worth it getting keke on a hire purchase.

Knowing fully that I will be making a weekly return. Please those that are knowledgeable in this type of business, should I go into it.

Is it that people and the mods can't see the topic/title? Is the English correct? And many people are just misusing "profit" and it's different forms here.

Naija147:
Look for money and relocate you and your family out of Nigeria.

How many nigerians have embassies given visa

Or they giving free visa?

If you are hiring a rider to be making returns to you, please don't get the Keke cuz the riders are not always sincere and might cos set-back in the long run. But if you'll swallow your pride as a man and get into work by yourself, then it'll be a good deal. Be security conscious, don't ply unfamiliar routes and don't work very late too. All the best.

I don't usually respond to posts on this platform but I was moved by your post:
I went into Keke business some months after I lost my banking with Zenith bank. I had nothing on me and since I couldn't raise money to run a business, going into keke business was the only option left for me.
I couldn't afford a new one. And getting someone to sign me on a HIRE PURCHASE AGREEMENT was a problem too. I settled for a fairly used one and that was my worst undoing. I was spending more on repairs than I was getting. Most times I felt discouraged but I kept on pushing.
Down here in the East, HIRE PURCHASE AGREEMENT goes for between 1.2m to 1.5m, depending on the type and brand of the keke. And you must make payments weekly.

Honestly, Keke business is a viable one though I wasn't so lucky but I had friends who were making money daily.
I don't know the nature of your job, considering your schedule: you must REMIT WEEKLY. So, consider these:

Would you have time and the strength daily to ride the keke ? Mind you, you have to set your daily targets which must include your daily savings and that of your benefactor. Here for instance, most weekly remittance goes between 20k to 25k, depending on the HIRE PURCHASE Amount. And that means you must save at least 4k daily after all expenses.

Most HIRE PURCHASE AGREEMENT last for a period of 12 months. And extension would amount to increase in the amount.
Please call me on: 07030860870 if you need further details.

SmartPolician:
I once boarded a Keke in Lagos and the rider told me that he SAVED one million naira last year. I could not believe my ears.

Meanwhile, some people wear suit and knot a tie to go to their 9-5, looking down on Keke riders. At the end of the year, they cannot save 100k

bro a Keke rider that saved 1million from riding Keke is not a new thing...as far u re serious and disciplined you can achieve more than that...my first mini bus I bought that I'm using now is from riding okada before the lockdown,I have saved up 950k to buy a mini bus here in Lagos...
I started riding okada march 2019 after I lost my office Job and the job self na small 70k dem dey pay me o...now I make 70k in less than 3days riding my korope...
Transportation is not for lazy graduate o.. except someone will be doing it for u...

I pity those doing graduate gra gra in this Nigeria... Nigeria has failed us... you have to remove I'm a graduate from ur mind and hit the street...as far u what u re doing is legit

Kelvin125:
I am a civil servant on grade level eight. I have been in service for seven years but I do not find if easy financially.

I am planning on getting a keke napepe on a hire purchase to supplement my income as the salary I get at the end of the month is not enough to carry the family. But my question is does it worth it getting keke on a hire purchase.

Knowing fully that I will be making a weekly return. Please those that are knowledgeable in this type of business, should I go into it.

Damn. Level 8 worker will be driving keke?
This country hard I swear

Itzlinda:


Damn. Level 8 worker will be driving keke?
This country hard I swear

Na our leaders make am hard for us...our money no get value again...by this time next year I don Tru with my korope driving and I dey travel outside this fuckup country

kokakola:
In my opinion,

the First thing to consider is the location where the Keke would be running is it a city/town where there are students of tertiary institutions.

Secondly, you'll need a Responsible/Sane person to be driving it, somebody that has a plan, not those that are deep into Alcohol and smoking, because their character won't make the business worth it.

Thirdly, the person should be balancing you weekly (every Saturday), while he use Sunday to hustle for himself and you must make sure he maintain/fix the Keke if there is any fault but any fault that is too serious , the expenses should shared that would encourage the individual.

Lastly, you two must have a simple and comprehensive written agreement before you start.

It may not work for others, but it may work for you because you're not others. Above all, go with what you Spirit chose and what works best for you.

He wan collect keke on hire purchase from pesin and ride, to supplement his income.
So remodel your advice biko, No b him wan buy for person.

Kelvin125:
I am a civil servant on grade level eight. I have been in service for seven years but I do not find if easy financially.

I am planning on getting a keke napepe on a hire purchase to supplement my income as the salary I get at the end of the month is not enough to carry the family. But my question is does it worth it getting keke on a hire purchase.

Knowing fully that I will be making a weekly return. Please those that are knowledgeable in this type of business, should I go into it.

Don't listen to people discouraging you that market is saturated, union fee bla bla bla. Transport i.e. Movement of people, goods and services from one place to the other can never ever be saturated!

Don't buy fairly used especially if you are a novice on the road.
As a civil servant, contact the microfinance banks or Cooperative around to give you loan to buy new Keke btw 600-800k OR new Okada 250-300k. Their interest is maximum 15-20%. And you have peace of mind. Hire purchase is 100% interest and can become horrible and full of insults along the way.

If you were in the east I could guide you. I'm into the transport sector. I own, operate, acquire and manage for people. OR CHAT ME UP.

lereinter:



How many nigerians have embassies given visa

Or they giving free visa?

Baba first make moves don’t just conclude, I started applying for visa in 2003, I went to almost all European embassies in Nigeria till I was given visa India student visa in 2013. I stayed in India from 2013 till 2017.

I have been to many countries since 2017

I don't know your location but I know that if you're in a city, you can be making at least 5k every day from keke, some days you can make as much as 10k or even more.
But right now Keke is cost, it's almost N850k to 900k, so the hire-purchase price will certainty be high as well. Your location matters and the amount you're to be paying every week and also the period it will take to complete the payment.
In Enugu people take keke at, as high as N1.4m on hire purchase, so they work hard to return as high as 20k weekly, so as to be able to complete the payment in about 18 months.

Chuksemi:
Please don’t buy it. Bought 2 last year, money down the drain today.

were you driving one of them yourself or you gave out the two on hire purchase?

jospepper:
I do not know your location and the nature of your job but I Know that Keke NAPEP goes for about 1 mil on hire purchase payable in 6 months.

Prepare yourself mentally and physically to withstand the pressure of repayment which is about 160k monthly.

Also be informed that there are penalties for default in payment. The severity depends on who's giving you the Keke and his past experience.

Finally, how do you intend to execute the responsibility of your regular job and this Keke business? Remember it's hire purchase.

I am not trying to dissuade or support your idea but to expose some realities to help you make a proper decision.

Some of your assertions here are wrong..

Presently Keke sells for 750k to 850k depending on location.

High purchase fees is between 1.2 m to 1.4 m depending on ur location viability and agreement with driver.

Drivers remits between 18k to 25k weekly.

On average, driver pays all in 12 months or more.

Keke business has risk just like other businesses.
It might work perfectly for u
Give it a try if you don't have better option to invest.


When sourcing for driver, ensure u get a responsible one n let him provide a known guarantor do he won't run with it.
Also don't forget to install car security tracker if the location is criminal zone.

anthony533:
bro a Keke rider that saved 1million from riding Keke is not a new thing...as far u re serious and disciplined you can achieve more than that...my first mini bus I bought that I'm using now is from riding okada before the lockdown,I have saved up 950k to buy a mini bus here in Lagos...
I started riding okada march 2019 after I lost my office Job and the job self na small 70k dem dey pay me o...now I make 70k in less than 3days riding my korope...
Transportation is not for lazy graduate o.. except someone will be doing it for u...

I pity those doing graduate gra gra in this Nigeria... Nigeria has failed us... you have to remove I'm a graduate from ur mind and hit the street...as far u what u re doing is legit

Nice one, bro

Keep it up!

saxietohgbaskie:
I know of a place in Lekki.

what is the requirements?

Naija147:


Baba first make moves don’t just conclude, I started applying for visa in 2003, I went to almost all European embassies in Nigeria till I was given visa India student visa in 2013. I stayed in India from 2013 till 2017.

I have been to many countries since 2017

Should I show you my application forms

Not everyone has gotten the funds, since 2003 you have been paying Schengen visa application fee before settling for a India


If you are not lying, you think it is easy abi

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